satoshi nakamoto is not that common of name, but it's not that uncommon. >> in an interview outside hisatoshi nakamoto did not deny that in his engineering days he would have been capable of understanding the computer code necessary to build such a product even though it wasn't him. >> if i say yes i could get in trouble, all right? so i'll say no, all right? i was an engineer before, but that was many years ago. >> mr. knack a moto says at the time bitcoin was being founded around 2001, he was working as a government contractor, not on bitcoin. "newsweek" says it stands by its story. the writer who came up with the story says i stand completely by my exchange with mr. nakamoto. there was no doubt our conversation and his acknowledgement of bitcoin. >> when somebody invents something it shapes the world to know who he is, where he came from, and his invention is natural. it's natural to me and i hope no one sees that as an act of hostility. >> that was dave bryan of our los angeles station kcbs. >>> now in recent months it's moved from the fringe and moved over as websites like overstoc

a man, satoshi nakamoto, who supposedly, everyone thought this was a pseudoname. ws week claimed to have found him living of all places in los angeles. he is a 64-year-old physicist apparently. dorian s. nakamoto. he apparently changed his name. the question now is -- he denies it of course. he said the first time i heard of bitcoin was three weeks ago when my son called me about it. news week says we stand by the story. we confronted him. he said i am no longer involved if that and i cannot discuss it. he tried to go for lunch and was hounded by the journalists and was holed up in offices. >> the main reason i'm here is to clear my name that i have nothing to do with bitcoin. nothing to do with developing. i was just an engineer doing something else. >> the mystery goes on? >> it is such a great, great story. bitcoin fans seem a little bit cynical. >> they are. the big question has to be why on earth would he not have changed his name properly? satoshi nakamoto wanted to be anonymous. why on earth would he have used his real name when first launching this code? he

the person or people behind its founding have been only known as satoshi nakamoto.goodman says there was no confusion about the context of their conversation. she says his acknowledgement of his involvement in bitcoin, she says she is very sure of that. again, guys, we have been talking about this quite a bit. >> you know about washington. you know how these -- you know how they are when their lips are moving. can you judge who's lying. >> the nakamoto story? >> he's convincing to me that he had nothing to do with it. >> he is? >> i have no idea whether he is or not. i get the sense -- >> were you watching earlier? >> sorkin said he doesn't look like bitcoin. i don't know what that means. >> what does a bitcoin guy look like? >> i don't know. he's treading and dangerous. >> he's not what i expected. i can't tell you what the guy is supposed to look like. i can tell you that was not it. >> the ukrainian guy said he looks like him. >> i expected somebody that looked more like andrew, frankly. i don't know if it's him or not. it could be that "newsweek" tracked down a

satoshi nakamoto is a 64 year- old japanese american who lives in a modest home in temple city, california. the father of six remains as mysterious as the currency he created. according to in-depth reporting done by newsweek, even nakamoto's family didn't know of his connection to bitcoin. that mysterious google-owned barge that's been parked in the san francisco bay has found a new home. the four story vessel is on its way to stockton, california. google never explained why the barge was in san fran or what it would do there. parked without a permit in san franciso's bay since last fall the city demanded the barge set sail. google says the ship had grown weary of all the attention and was looking for a break. it's every bacon lover's dream. waking up to the sound... and smell ...of freshly cooked bacon. oscar mayer wants to make it a reality. it's developing an iphone device that would emit the smell of bacon, and sync with your alarm clock. a former goldman sachs executive who was convicted of 6 counts of securities fraud-- is going back to school. fabrice tour. a-k-a fabulous fab report

. >> satoshi nakamoto of temple city told reporters if he admits to being bit coin's creator, he would be in trouble. he did say he was an engineer many years ago and is capable of designing the currency. reporters had a hard time getting a hold of nakamoto. he led a large group of journalists on a low-speed chase through l.a. before speaking to them. "newsweek" stands by its story. >>> check out this waterfall. it spewed from a downtown san francisco high-rise this morning. officials say a sprinkler line ruptured around the tenth floor of the building at market and kearney around 9:30 this morning causing a downpour and soaking the streets below. the leak is secure. i'm sure insurance companies have been called. >> oh, yeah. >> what a messes. >>> by the way, i'm the creator of bitcoin. [ laughter ] >> just so you know. >> i knew it. i had my suspicions. [ laughter ] >> can you tell us what it is? >> i'm not quite sure! [ laughter ] >> but i made it. it's worth millions. > around the bay area today we are seeing a lot of sunshine outside now. just a few high clouds drifting overhead as

his name is dorian satosh satoshi nakamoto and they say he's the face behind this digital currency.ling the associated press, hang on a second, it's not me. he said he didn't hear of bitcoin until his son said a reporter contacted him three weeks ago. >> what do you think? >> since 2009, the currency's creator has been a mystery. they say they stand by their story. i guess he wants it to be remain anonymous as the currency kind of is. >>> this is not anonymous here. remember the spat on capitol hill this week? the one between representative issa of california and cummings of maryland. issa called cummings, a democrat, to apologize, for cutting off his microphone during the irs hearing. cummings says he accepted issa's apology. that's a bit bipartisanship now. see if they can move ahead on that. >>> using marijuana now legal in colorado. but a series of new psas remind users that drivie ining under t influence is not. the commercial's use of light hearted approach, light hearted humor much more of a carrot than the stick. the colorado department of transportation hopes the psas educa

>> reporter: reporters chased satoshi nakamoto outside his california home.st hours after "newsweek" reported the 64-year- old retired engineer is the man who created bitcoin in 2009. nakamoto denies it. >> the main reason i'm here is to clear my name, that i have nothing to do with bitcoin, nothing to do with developing. i was just an engineer doing something else. >> reporter: bitcoin is digital money. you buy it with real currency on unregulated exchanges and then store it online in a so-called digital wallet. it exists only as computer code and can be instantly sent to another owner's online wallet anywhere in the world without going through a bank or paying taxes and fees. there are now nearly $8 billion worth of bitcoin in circulation. lindsey turrentine is with the technology web site cnet. >> bitcoin is very experimental. it's absolutely a new thing, and if you look at the bitcoin web site, you'll see that the bitcoin organization itself says, "hey, this is new, and it- - you shouldn't expect it to be stable." >> reporter: last week, one of the curren

. >> reporter: 64-year-old dorian satoshi nakamoto emerged from his southern california home thursday walked right into a media frenzy hours after "newsweek" magazine said he was the mystery man behind bitcoins. >> i'm not in bitcoin. >> but your address in bitcoin -- >> reporter: according to the article, nakamoto is a model train buff who lives in a modest single family home with his mother. when congranted about bitcoin, he said i am no longer involved in that, and i cannot discuss it. the article triggered a full-blown game of cat and mouse through the streets of los angeles, with the media tracking nakamoto's every move using the twister #bitcoinchase. he ended up at the bureau. over a meal of free sushi, he continued to deny he was the computer whiz worth an estimated $400 million. in fact he said he hadn't heard of bitcoin until three weeks ago. >> the main reason i'm here is to clear my mind that i have nothing to do with bitcoin. nothing to do with developing -- i was just an engineer doing something else. >> reporter: this isn't the first time the media has tried to unmask b

what is fascinating about this story is, here is a name, satoshi nakamoto, which, for a long time, peopled with maybe a particular group of programmers that might be behind the creation of bitcoin. we never really knew because of the secrecy. now, "newsweek" saying it is this fellow living with his 94 euro mother in a two-story home -- there is the possibility, what is the person worth? here they are, living in a relatively modest home, the things that stand out about him being that he is a model train enthusiasts. reporters have been running around town in los angeles today, asking him questions, and all he will talk about is the fact that he is not involved with bitcoin. the big question is the beginning of bitcoin. a lot of reporting has come out suggesting that, since 2011, he hasn't had that much involvement. >> jordan, his personal peccadilloes aside, the notion that he worked in government, what does that tell us about the kinds of things you have to know to create this phenomenon? >> he had a very high level of technical sophistication, which you would get in decades working for t

but we know that the real satoshi nakamoto does not want to be found.it's a brain teaser there. also on the p to p foundation where the real satoshi nakamoto posted before this post again saying i'm not this dorian guy. so that seems to lend, also, to the idea that maybe this isn't the guy but then again, if he were the guy and didn't want to be found, this is what he would do. >> i'm not sure you jump in the car with an ap reporter, though, right? there are so many fs, thens, or buts about this case. >> you're not sure if you do it if you are the guy? >> i don't know. would you? would you want to get out of there but in the hands of a fellow media member. >> usual suspects. you're too young. you're too young. >> i haven't seen enough movies. still though, he didn't entirely distance himself, did he? in that statement, he didn't entirely distance himself? >> as much as he possibly could. it's hard for me to prove that i didn't create bitcoin. it's something for someone to prove that they did. at this point we're back to the detective game. >> unbelievab

satoshi nakamoto. ings.ys he denies the t what happens if you got it wrong.printhave component to the digital newsweek. it is very hard. the ship sailed. it is a hard thing to bring it back. i do wish them well. i want every magazine to survive. the ship has sailed for print media in general? with newsweek having gone digital and come out of it and -- i think it is hard to relaunch it. categories are very challenged. >> we don't want to believe you're these questions about journalism, but it brings to mind a very relevant economic question for journalism of all sorts. particularly, news journalism. how to get people to pay for news? they want to charge eight dollars an issue. had he get someone to part with eight bucks at a kiosk. >> it is very difficult. challengeronting that in the 1990's. by monday, if you are publishing your magazine and coming out, the internet journalists, they all bought -- they all got the news early. newsweek's whole dna was about driving the weekly headlines. the headlines are old by the time they come out. >> you have to be one of

did newsweek track down the actual founder, the guy who created bitcoin, satoshi nakamoto? newsweek said he is a japanese-american physicist living in los angeles. dorian nakamoto spoke with them, but said he only heard of bitcoin three weeks ago. reporters were chasing him in a car. everyone is a flame. >> it should be clear. that he is alleges the founder of bitcoin. there was a lot of debate yesterday. a scarlet points out, he is effectively denying it. you can understand why. there were dozens of reporters. >> is he and matt miller's rolodex? >> no. he is not. >> those are the front-page stories. >> we have lots to talk about today. it is jobs day. -- he ryan from london continues to observe the events -- how does key f observe the tensions -- kiev observe the tensions? did they scuttle a boat in the black sea to block the ukrainian navy? how did that play in kiev? >> they are not happy. there is a sense that what is happening in crimea is very much outside of their control. it is really up to vladimir putin. they are hoping it is not going to go beyond crimea. planat i

we found other posts from him, not just under satoshi nakamoto but the name he used now.it was does he have expertise in something that would allow him to make bitcoin. that was a big void for a while. then we found an unclaimed bank account from an american express nortel networks account. that made it seem like he worked at nortel at one point. seemed like a good lead. his brother called that was a big breakthrough. so on and so forth. just these series of events. i don't think he would have admitted to anything if the cops hadn't been at his house. they asked me, what do you want to say to this man? he thinks he may be in trouble, he doesn't want to talk and he's worried. >> this sounds like true detective. >> exactly two weeks ago i was in temple city. >> were you up nights, poring over weird stuff? >> yes. it's an obsessive project until it's done. even until the moment we met i didn't know what to think i was ready for anything or for a cold lead to be honest. everything was leading to him. >> are you sure it was his brother who called you? >> yes. yes. >> he said -

his name is satoshi nakamoto. this is a live shot of the house of the man featured in that piece.happened. >> hi, this is harriet. i'm here with cnbc. we wanted to ask you a couple of quick questions. >> i don't know who cnb is. >> we are here, we're with a news station, cnbc, part of nbc. we wanted to ask you a couple of quick questions. >> i'm sorry. not interested. >> are you the founder of bitcoin? >> i'm sorry. i'm not interested. >> take a look at that live shot once again. you might see some cop cars. he called the police,ic, on our producer just as he did when the "newsweek" reporter showed up as well. that actual si the lead of the piece. jon fortt, clearly wants to have nothing to do with the media. >> i think harriet taylor is probably one of the least threatening people in general so it's not because she was -- >> as a "newsweek" veteran, you would know. >> "fortune" actually. our producer harriet taylor. she was no threat to him, i guarantee you. but i think this can be good for bitcoin. when i first heard that nakamoto was the founder of bitcoin, how do we know this

satoshi nakamoto says he had nothing to do with it and hadn't heard of bitcoin until a few weeks ago. a "newsweek" article named him as being behind the digital currency. >>> a minnesota bus driver being called a hero this morning for his quick actions after his bus caught on fire. a dashboard camera captured the whole incident. the bus carrying four special needs students caught on fire on its way to school and the driver pulls over. and with the help of a nurse's aid was able to quickly get all four students off the bus safely. two of them were in wheelchairs. thankfully, no one was hurt. >>> it's not unusual for fans to rush the court to celebrate a big win, but never good when it happens during the game. take a look at what happens thursday night during a game after hawaii coach gibb arnold got a technical foul. a ucsb fan then ran on the court and confronted arnold. security, nowhere to be found there and players had to protect their own coach. the fan is eventually escorted out of the building. >>> and another man in the white house spelling bee. this time, though, president oba

satoshie is dorian nakamoto. goes back to the newsweek article, you can find it at newsweek.com. jeff in michigan. good morning. caller: hi. iwould say i am a centrist, lean towards the democrat side. on the leftople complained about the tea party all the time. while i agree with senator sanders or elizabeth warren, i believe joe biden would be the perfect pick. he can get things done. if you are too far to the left or right, how are you going to meet in the middle? i am 23, i do not know if it is because i was not paying attention when hillary clinton was around. i would much rather see joe biden. maybe because i am not a woman. joe biden seems like someone who can go in there and get something done. i wish i was alive during the 1990's when newt gingrich and bill clinton worked together. that is how politics should work. int: what do you do michigan? caller: i work at a small factory and i am in a community college. host: where is brooklyn, michigan? caller: 1.5 hours away from detroit. more towards toledo. sma

the only way we are going to know who the real is byi nakamoto is is finding his digital signature. is this 64-year-old physicist the real satoshi takemoto? story goes he wanted to created because he was cross with the foreign exchange story train sets that he was buying in britain. buting wrong with that, that's the reason behind the whole thing. he says i am not associated with that anymore. >> let's move on. not a lot of confidence going into these forecasts. you need to be a meteorologist rather than an economist to see what is happening here. guess.ve got to look at some of the ranges. they are pretty large. another thing would be to change monetary policy based on this. look at the mention of the word whether. >> talking about policy changes, what's going on here? used -- nevermind the data that's been. the data to come we may have to accelerate because we might be behind the curve. i think it will be fascinating and fair to say he is not an outlier of the federal reserve. you so much, the very latest on the u.s. jobs. >> coverage later on and the weather forecast for you. talks with the white house to ensure president oba